EINC holds North American midstream energy infrastructure, essentially the pipelines and processing plants that move oil and gas from extraction to usage. The marquee names include Williams Companies, Enbridge, TC Energy, Kinder Morgan, and ONEOK.
Most US investors hold bonds priced in dollars, meaning their fixed-income returns rise and fall almost entirely on what the Federal Reserve does next. EMLC is designed for those seeking yield from emerging market sovereign bonds in local currencies.
Chinese stocks have spent the last five years really testing the patience of even the most hardcore contrarians. Between the property sector struggles, the crackdown on tech platforms, and the constant friction over chip exports and tariffs, valuations have been pushed down across the board.
PDBC does not own stocks that pay dividends. Instead, it holds commodity futures contracts across energy, metals, and agricultural markets. The fund's primary portfolio holding is a money market instrument, Invesco Premier US Government Money Market, which represents roughly 78% of the fund's assets.
